Trump's 'big beautiful bill' gives some seniors hefty tax break: Story in 10 points

  • Posted on July 4, 2025
  • By Business News Today
  • 1 Views
Trump's 'big beautiful bill' gives some seniors hefty tax break: Story in 10 points

President Donald Trump's 'big, beautiful bill' hands a hefty tax cut to some American seniors. The Senate proposal includes a temporary $6,000 deduction for seniors over the age of 65, contrasted with the House proposal, which includes a temporary deduction of $4,000. The Senate version is currently set to expire after 2028.
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